Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.116%
Price spread now: KuCoin against edgeX−0.117%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$440.436% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.010%−$101 on $10k
Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.117%, 7d avg −0.020%
Together, before fees−0.886%+ Points / potential airdropedgeX: Active · farm board−$89 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.097% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,768.50.0160pay 0.0080% / 4h2h 04m$562K$352K10x
ShortKuCoin SNDKUSDTM1,766.4−0.0025pay 0.0025% / 8h2h 04m$6.1M$22.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$38.88
Price spread: −0.117% → −0.020%
−$9.7
Slippage, 4 orders
−$22.56
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$92.14
Costs to cover
0.436%
Break-even
never at this rate
Slippage from edgeX: live order book, 44 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 44 min ago5.06 bp9.6 bp −$1011.3 bp −$11347.0 bp −$4,697doesn't fit
Sell KuCoin live order book, 4 min ago0.99 bp12.5 bp −$1342.1 bp −$421doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT−0.0252%8h1,766.1−0.136%$47.2M$164.6M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,766.5−0.110%$3.9M$4.5M75xas long as short
KuCoin SNDKUSDTMshort−0.0025%8h1,766.4−0.117%$6.1M$22.2M20x
QFEX SNDK-USD−0.0004%1h1,767.8−0.039%$1.4M$10.6M10xas long as short
Aster SNDKUSD10.0000%8h1,766.8−0.094%$21.6M$33.4M20xas long as short
Binance SNDKUSDT0.0000%8h1,766.3−0.124%$280.2M$1.85B75xas long as short
Bybit SNDKUSDT0.0000%8h1,766.3−0.122%$31.8M$103.3M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,766.7−0.101%$82.2M$834.0M75xas long as short
RISEx SNDK/USDC0.0000%1h1,768.9+0.023%$122K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,766.2−0.130%$176.8M$232.1M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNDK0.0000%8h1,767.8−0.041%$2.5M$4.8Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,768.5+0.001%$20K$1.8M10xas long as short
Phoenix SNDK0.0000%1h1,768.3−0.011%$275K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,767.4−0.060%$13K$288K10xas long as short
SunX SNDK-USDT0.0000%8h1,765.7−0.157%$1K$3.5M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,766.7−0.100%$51K$350K10xas long as short
HTX SNDK-USDT0.0000%8h1,765.8−0.152%$1.4M$10.6M50xas long as short
Phemex SNDKUSDT0.0000%8h1,766.4−0.117%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0012%1h1,768.2−0.016%$329K$1.5M10xas long as short
Aftermath Perps SNDKUSD+0.0014%1h1,767.4−0.063%$658$37K5xas long as short
Vest SNDK-USD-PERP+0.0017%1h1,766−0.141%$581K10xas long as short
Pacifica SNDK+0.0024%1h1,767.7−0.042%$197K$303K10xas long as short
Lighter RH SNDK+0.0032%1h1,766.3−0.123%$1.3M$9.6M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,766−0.141%$455K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.779%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,766.6−0.106%$261K$1.4M10xas long as short
Popdex SNDKUSDT+0.0048%1h1,768−0.028%$243K$666K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,765.8−0.152%$118.9M$158.1M10xas long as short
Entropy io:SNDK+0.0050%1h1,766.6−0.107%$4.7M$19.8M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,766.9−0.090%$185K$131K10xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,767.7−0.043%5xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,768.4−0.005%$1.4M$5.1M5xas long as short
Coinbase International SNDK-PERP-INTX+0.0072%1h1,770.1+0.093%$437K$2.3M10xas long as short
Lighter SNDK+0.0080%1h1,766.8−0.097%$1.8M$16.4M20xas long as short
Aevo SNDK-PERP+0.0080%1h1,766.9−0.092%$1K10xas long as short
SoDEX SNDK-USD+0.0087%1h1,766.3−0.127%$722K$520K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,768.8+0.017%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,767.3−0.068%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,767.4−0.063%$127K$347K20xas long as short
edgeX SNDKUSDClong+0.0160%4h1,768.5long leg$562K$352K10x